OTCQX:ACRGF - Post by User
Post by
geodcanon Aug 06, 2020 5:05pm
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Post# 31375674
Canopy's other interest
Canopy's other interestTerrascend, C.TER couldn't wait to jump the gun on their earnings and their sp is uptickin' like crazy. Basically if Acreage didn't pay out that $3 dividend you could add that to the sp which would make it look a heck of a lot better. Lots of things could move the needle on this like a substantial increase in earnings, lower costs and more products generating revenue. I personally am excited about Canopy's mention of beverages in the States through Acreage but they have some Canopy product brands making their way to shelves. Terrascend houses many brands, dispensaries, outlets, growing and processing facilities and sells recognizable names in a variety of offerings. Acreage has a lot of the same and just changed management up to driving revenue by filling shelves at retailers and dispensaries. Investor sentiment has been hurt for Acreage but a US greenrush is inevitable imho and will happen and $3 shareprice will look like a bargain. Acreage is big and backed by the most likely to succeed company in the marijuana and hemp business and a major liquor distributor STZ Constellation who liked Canopy enough to finance Acreage. Multi unicorn, multi unicorn and Acreage, soon to be multi unicorn, but that is jmho backed by a lot of cash invested into this investment. Cannabininoid infused beverages alone could launch this beyond comprehension. glta and dyodd